Seeking Alpha

ALVR
Alvarion Ltd.

5/27/2012, 2:46 PM ET
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ALVR Market Currents more »
  • April 5 Shares of microcap wireless communications provider Alvarion (ALVR -24%) sink after the company lowered Q1 guidance this morning. The cut is largely due to weak sales in one of its older product lines - to be replaced later this year - as well as delays in a large order that was set aside to next quarter. It now sees Q1 revenues of around $33M - $33.5M, below Street expectations of $40M. [Tech, On the Move, Global & FX]
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